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Article on June 13, 2017

Activist Shareholders A Risk Factor, Says Infosys

Infosys has flagged actions by "activist shareholders" as a risk factor, which could potentially require the company to incur significant legal fees and public relations costs

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Fiat India may stop domestic sales of existing line up, focus on Jeep sales

Close on the heels of General Motors India ceasing operations in the domestic market, Fiat Chrysler Automotive (FCA) India is also toeing a similar line by sticking to only export of Fiat-branded products rather than expanding its lineup here. If speculation is to be believed, the Italian-American carmaker is adopting a similar strategy as its primary focus has shifted towards ‘Jeep’ brand of cars for both domestic and overseas operations. However, no specific announcement was made by the company for phasing out the ‘Fiat’ brand in India.

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SpiceJet Launches E-Commerce Platform

The venture is expected to generate Rs 150 crore additional revenue in the first year and increase the overall ancillary revenue to 19 per cent from the present level of 17 per cent, a company insider said.

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Stepping Up

Oracle’s focus on cloud is evident with the significant announcements it has made at the maiden OpenWorld event held in the country

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Google Aims To Have 41 Million Indian SMBs Digitally

According to a government estimate, there are 51 million SMBs in the country out of which 10 million are either available in search results or maps of Google.

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Renault-Nissan Considers Hidden Bonus Plan

Under the preliminary proposal, Renault, Nissan and Mitsubishi would pay the Dutch-registered company a share of new synergies from their carmaking alliance, set to top 5.5 billion euros ($6.2 billion) next year.

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Sensex Ends In Green On Lower Inflation

The Sensex started lower, but quickly rebounded to hit the day's high of 31,260.77 after data showed retail inflation is on the way down, opening up space for RBI to lower rates.

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Online Peer-To-Peer Lending

Most SMEs require capital infusion, particularly during the earliest phases of their growth. However, due to various reasons like low-credit scores, entrepreneurs are often unable to access the funds they need to set up or grow their business from institutional lenders.

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'Statistics Ministry To Change GDP Base Year To 2017-18'

Once the results of employment survey and household consumer expenditure survey come out then base year can be changed.

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Government Working On New Industrial Policy

The official said the new policy would focus on several areas like ways to encourage innovation, further simplification of taxation system and address new challenges of the manufacturing sector.

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